EVENING. Business.

Morgan rumors: J.P. Morgan & Co. shares rose as much as...

August 14, 1998

Morgan rumors: J.P. Morgan & Co. shares rose as much as 7.9 percent after a Business Week magazine report prompted speculation that Deutsche Bank AG, Europe's second-largest bank, may be in talks on a $30 billion takeover of the fourth-largest U.S. bank. J.P. Morgan shares rose $8.50 to $125.75 in morning trading after rising as high as $126.50.